Trump Media partners with Crypto.com, acquires $105M in CRO tokens

2025/09/05 21:40

In a deal with Crypto.com, Trump Media purchased 684.4 million Cronos tokens.

Summary
  • Trump Media acquired 684.4 million in Crypto.com’s Cronos (CRO) tokens
  • The firm used its stocks to fund half of the $105 million deal, making Crypto.com its shareholder
  • The deal is part of a broader partnership, including CRO integration in Truth Social and Truth+

The Trump family’s largest business has closed a major deal with one of the biggest crypto exchanges. On Friday, September 5, Trump Media and Technology Group announced that it recently closed a purchase deal with Crypto.com.

The media company, which also operates the social media platform Truth Social, will buy 684.4 million Cronos (CRO) tokens. The deal, worth about $105 million, was structured as a 50% stock and 50% cash exchange. This means that Crypto.com will also become an investor in Trump Media.

Trump Media eyes CRO token rewards

The sale was part of a broader partnership agreement between the two companies. Namely, the agreement also enables the integration of the CRO token across Truth Social and the streaming platform Truth+. According to the announcement, Trump Media plans to integrate CRO rewards into these platforms.

This isn’t the first news of a Trump Media partnership with Crypto.com. On August 26, the company announced a CRO treasury strategy, with funding to secure up to $6.4 billion worth of tokens.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like